France Faces IMF or EU Oversight Without Urgent Fiscal Reforms, Warns Budget Minister

France Faces IMF or EU Oversight Without Urgent Fiscal Reforms, Warns Budget Minister

France risks losing control over its financial future if it fails to urgently rein in public spending, Budget Minister Amélie de Montchalin warned on Tuesday, raising the specter of potential supervision by the International Monetary Fund (IMF) or European financial authorities. Montchalin emphasized the urgent need for fiscal discipline as France struggles with widening budget […]

Bayrou Warns of Global Instability, Urges France to Rein in Budget Deficit

Bayrou Warns of Global Instability, Urges France to Rein in Budget Deficit

Prime Minister François Bayrou called for urgent action to reduce France’s budget deficit, warning of a wave of global instability driven by international conflict and economic uncertainty. Speaking at a press conference on Tuesday, he emphasized that France must shore up its public finances to avoid being overwhelmed by external shocks. Bayrou pointed to a […]